Independent living model means lower occupancy losses, better financial performance during pandemic,...
By
Kimberly Bonvissuto
Aug 10, 2020
Although the COVID-19 pandemic continues to have a significant effect on the senior living industry, New Senior Investment Group’s independent living business model has meant lower occupancy losses,...
Capital Senior Living makes moves to improve financial position
By
Lois A. Bowers
Aug 07, 2020
Capital Senior Living plans to transfer operations and ownership of 18 senior living communities to Fannie Mae, the company announced Thursday. The move follows several steps Capital announced in May “to...
House subcommittee spending bill looks to expand affordable senior housing supply
By
Kimberly Bonvissuto
Jul 10, 2020
The House Appropriations Subcommittee on Transportation, Housing and Urban Development and Related Agencies on Wednesday passed its fiscal year 2021 spending bill, which includes $860 million for new Section...
Operators must provide more data if lessons are to be learned from pandemic: exec
By
James M. Berklan
Jun 16, 2020
If the long-term care industry hopes to devise coping strategies for COVID-19, then operators across a wider spectrum of provider types must start submitting data to increase transparency about coronavirus...
Assisted living needs $5 billion for COVID-19 response, AHCA / NCAL tells HHS, FEMA
By
Lois A. Bowers
Jun 09, 2020
Assisted living communities need $5 billion in emergency relief funding to pay for staffing, testing and personal protective equipment to fight COVID-19, the leaders of the American Health Care Association...
Healthpeak feels effects of COVID-19 but says pent-up demand will help occupancy rebound
By
Kimberly Bonvissuto
May 07, 2020
Healthpeak Properties’s senior housing operators are feeling the effects of COVID-19, but pent-up demand should help occupancy rebound as the pandemic eases, top executives predicted Wednesday on the...
McKnight’s Senior Living COVID-19 survey: Operators cope with staffing issues by paying overtime, having...
By
Lois A. Bowers
Apr 08, 2020
Overtime pay is the most common form of compensation that senior living operators are giving to cover extra shifts and address other staffing needs as communities work to prevent or manage cases of COVID-19...
Coronavirus bill provisions would ‘decimate’ senior living workforce, organizations say
By
Lois A. Bowers
Mar 17, 2020
Provisions in a multi-billion dollar bill to provide coronavirus-related relief to workers would “significantly curtail our caregiver workforce” and must be addressed, Argentum President and CEO James...
Partnerships critical to serving middle-income older adults, NIC speakers say
By
Lois A. Bowers
Mar 06, 2020
Panelists discussed how to cost-effectively deliver healthcare to middle-income older adults in senior housing on Thursday at the NIC Spring Conference.